Humans are living creatures who continuously seek ways to improve their standard of living and way of life. In different areas, we have witnessed immense and tremendous advances and growth, from health, sports, business, aviation, military, internet, and many others. This growth even extends to the financial solutions offered by institutions. Man is exploring exciting and amazing new things that are improving lives and giving ease in handling operations and processes. Reliance on a central government system is another aspect humans are attempting to alter, which is due to the monopolistic attitude of those with such authority. Developing a sustainable system that will be beneficial to all is what people intend to create and relinquishing authority to a central body is likely to taunt that goal.
Blockchain technology and cryptocurrency are one of the technologies that are transforming the mode of interacting, especially in the financial industry. Since the introduction of Bitcoin in 2008, we have seen the launching of different projects, which are attempting to proffer solutions to existing industry challenges.
The importance of blockchain technology even extends to other areas, multiple industries are adopting the tenets and implementing them in their operations to improve their processes. One key aspect of blockchain projects and cryptocurrency companies in the development of a digital asset or token. This plays a significant and remarkable role in the growth, success, and actualization of the project set goals. It is the means, which platforms use to attract potential investors and the public to participate and contribute to their project plans. Another notable thing is the listing of the tokens on trading and exchange platforms where users and holders can purchase or sell the coins and earn money.
The primary purpose of most of the cryptocurrencies developed in any of these projects, including BeforeCoinMarketCap, is for value creation. It is through the function that puts these tokens in demand and most investors desire to own them. However, not all cryptocurrencies tend to maintain this value over a long period, some projects do not have a sustainability plan and this tends to affect the value of its token and its competitiveness in the market. Maintaining the worth of any digital asset takes several actions, which affects the purchasing power of such tokens. Meanwhile, assuming the non-existence of these actions, the basic factor that contributes to the value growth of a token is the utility. Increasing the utility of a token implies that it possesses mass adoption in major financial platforms and payment transactions. This means that the digital currency will have usefulness in diverse fields such as aviation, automobile, supermarkets, real estate, banking, and many more.
Building a sustainable project in the blockchain industry also relies on the strength of the ecosystem. The community plays a significant role in ensuring the success and growth of the business. For projects that intend to improve the usability and demand of the cryptocurrency, it is imperative to establish a buoyant ecosystem that will provide support to the network. The ecosystem of any crypto network, even BeforeCoinMarketCap, comprises of individuals, companies, and organizations who intend to engage in the services by accepting the platform, trading and saving the assets as a valuable token. Throughout the entire blockchain industry, owning an independent ecosystem is one of the primary concerns of most cryptocurrencies. The majority of these projects intend to have a community that will cooperate within themselves and are attempting to establish a monopolistic authority in making global financial transactions. However, most of these projects do not offer an association to develop an ecosystem for a general application of cryptocurrencies.
Despite the numerous number of projects
emerging recurrently, there are still various blockchain companies introducing their platforms to the market. With the wide range of projects, accessing vital information on each of the projects can be daunting due to the plethora of data on the internet. Most times, the reason why it is difficult to get accurate information on any of these projects is due to the reason that certain of them plagiarize information on other projects. This limits the information accessible to the public and does not offer any innovative ideas to investors and crypto enthusiasts. However, there are still amazing new companies that provide new technologies, which have introduced different scales – small, medium, and large – of businesses and platforms. The introduction of blockchain technology and cryptocurrency created a discrepancy between conventional banking systems and the emerging financial platforms. A notable difference is the presence of a huge number of personnel and infrastructure in the operations of the former, which often leads to a lack of productivity and dearth of competency, while the latter utilizes its recent technologies to transform the financial industry and establish a refurbished financial industry.
The objective of BeforeCoinMarketCap focuses on creating an enabling platform that offers a conducive environment for businesses to succeed, as well as unite and foster collaboration between all investors and crypto enthusiasts all over the world. Doing this, BCMC will achieve the creation of a platform that allows users to access useful information on different tokens stored in their wallets. They will be able to get trading tips and listing information from a single source, and this ensures users’ comfort and ease. However, before users will enjoy these benefits, they are required to be a verified user on the platform.
The process of being verified starts by signing up on the platform and performing all the requirements of verification. After completing the verification, users will enjoy other benefits apart from access to relevant information such as giving announcements on the tokens that are not contained in their wallets and other assets not listed on the database. BCMC will offer rewards to users who make publications that receive the approval of the network. Hence, as part of the network’s plan to ensure that users earn money, they have selected a group of experts who will offer professional advice on any challenge experienced by users on the platform.
USEFUL LINKS
Website: https://beta.beforecoinmarketcap.com/
Whitepaper: https://beta.beforecoinmarketcap.com/storage/bcmc-whitepaper-3.pdf
Telegram: https://t.me/BeforeCMCgroup
Twitter: https://twitter.com/BeforeCMC
Facebook: https://www.facebook.com/BeforeCMC
LinkedIn: https://www.linkedin.com/company/beforecoinmarketcap/
YouTube:https://www.youtube.com/c/BeforeCoinmarketCap
AUTHOR'S DETAILS
Bitcointalk Username: Tinyshoe
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768322
Proof of Authentication: https://bitcointalk.org/index.php?topic=5307843.msg56065030#msg56065030
Eth Address:0x10F1e480Cd32CB1b6889205cd8A92B42B28899F1